NOT LISTED FOR SALE

7555 Banning Way Inver Grove Heights, MN 55077

Estimated Value: $418,000 - $552,000

5 Beds
2.5 Baths
1,954 Sq Ft
$238/Sq Ft Est. Value

Last Sold April 15, 2013

Last sale price $234,000 $120 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $2,965/month

9 Days on Market

Highlights

  • Spa
  • Formal Dining Room
  • Porch
  • Deck
  • Skylights
  • 2 Car Attached Garage

About This Home

As of April 2013

Reduced for quick sale, motivated seller! Wooded, private setting with amazing bkyd retreat! Great home with tons of updates: HVAC, sprinkler system, screened porch, deck, siding, & driveway to name a few! Great location & spacious home...bring your offer

Last Agent to Sell the Property

Beth Richardson

RE/MAX Results Listed on: 03/03/2013

Last Buyer's Agent

Gregory Sutton

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,751

Year Built

  • Built in 1985

Lot Details

  • 0.29 Acre Lot
  • Sprinkler System
  • Many Trees

Home Design

  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 1,954 Sq Ft Home
  • 4-Story Property
  • Woodwork
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Formal Dining Room
  • Tile Flooring
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Attached Garage
  • Tuck Under Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Spa
  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Furnace Humidifier
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 203640004040

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,751

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Garage Door Opener, Hot Tub, Natural Woodwork, Security System, Skylight, Tiled Floors, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Driveway - Asphalt, Hot Tub, Inground Sprinkler System, Porch
  • Estimated Number of Acres: 0.29
  • Assessment Balance: 279.1
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 408
  • Mechanicals: Furnace Humidifier, Water Softener-Owned
  • Parcel Number: 203640004040
  • Projected Closed Date: 04/15/2013
  • Stories: 4+ Level Split
  • Street Designation: Way
  • Taxes With Assessments: 3030
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Eat-In Kitchen, Formal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 5
  • Bathroom Description: 1/2 Basement, 3/4 Master, Private Master
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 3
  • Room 1: Living Room, 12x16, On Level: Upper
  • Room 2: Dining Room, 12x9, On Level: Main
  • Room 3: Family Room, 20x15, On Level: Lower
  • Room 4: Kitchen, 10x11, On Level: Main
  • Room 5: Bedroom, 17x20, On Level: Upper
  • Room 6: Bedroom, 10x16, On Level: Upper
  • Room 7: 10x12, On Level: Upper
  • Room 8: Bedroom, 9x12, On Level: Lower
  • Room 9: Den/Office, 11x15, On Level: Lower
  • Room 10: Dining Room, 10x10, On Level: Main
  • Room 11: 3 Season Porch, 10x13, On Level: Main
  • Room 12: Workshop, On Level: Basement
  • Room 13: Deck, 40x17
  • Basement Features: Finished, Walkout
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 1954
  • Total Fin Square Footage: 1954

Exterior Features

  • Frontage Road: Paved
  • Exterior: Brick, Wood

Garage/Parking

  • Garage Type: Attached, Tuckunder
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Inver Grove Hts #199

Lot Info

  • Estimated Lot Dimensions: 88 x 142 x
  • Lot/Land Description: Tree Coverage - Heavy

Building Info

  • Year Built: 1985

Tax Info

  • Year: 2011
  • Tax Value: 2751

MLS Schools

  • School District: Inver Grove Hts #199

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2018
Sold by
Caffee Sarah A and Caffee Garrett
Bought by
Errante Steve and Errante Nicole
Total Days on Market
9
Current Estimated Value
$465,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 3, 2013
Closed on
Apr 15, 2013
Sold by
Watchorn Jack C and Watchorn Sheryl A
Bought by
Caffee Garrett and Caffee Sarah A
Seller's Agent
Beth Richardson
RE/MAX Results
Buyer's Agent
Gregory Sutton
Edina Realty, Inc.
List Price
$226,900
Sold Price
$234,000
Premium/Discount to List
$7,100
3.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.83%
Original Mortgage
$228,961
Interest Rate
3.37%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Errante Steve $350,000 Titlesmart Inc
Caffee Garrett $234,000 Edina Reality Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Errante Nicole $300,000
Closed Errante Nicole $310,000
Closed Errante Steve $315,000
Previous Owner Caffee Garrett $228,961
Previous Owner Watchoran Jack C $90,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2013 04/15/13 Sold $234,000 +3.1% $120 / Sq Ft
03/12/2013 03/12/13 Pending -- -- --
03/03/2013 03/03/13 For Sale $226,900 -- $116 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $4,316 $417,700 $86,400 $331,300
2022 $3,838 $412,900 $86,300 $326,600
2021 $3,578 $349,300 $75,100 $274,200
2020 $3,444 $322,400 $71,500 $250,900
2019 $3,640 $310,500 $68,100 $242,400
2018 $3,441 $305,600 $61,700 $243,900
2017 $3,181 $284,400 $58,800 $225,600
2016 $3,014 $260,400 $56,000 $204,400
2015 $2,948 $234,279 $51,445 $182,834
2014 -- $214,441 $48,851 $165,590
2013 -- $201,797 $45,181 $156,616
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4445210

REALTOR® Association of Southern Minnesota

APN: 20-36400-04-040